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Invested Assets and Investment Income - Schedule of Carrying Values and Fair Values of Invested Assets (Detail) - CAD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Jan. 01, 2022
Dec. 31, 2021
Disclosure of fair value measurement of assets [Line Items]        
Cash and short-term securities $ 20,338 $ 19,153 $ 22,594 $ 22,594
Debt securities 212,149 203,842 224,139  
Public equities (FVTPL mandatory) 25,531 23,519 28,067  
Mortgages 52,421 51,765 53,948  
Private placements 45,606 42,010 47,289  
Loans to Bank clients 2,436 2,781 2,506  
Real estate 13,049 14,269 14,269  
Other invested assets 45,680 42,803 35,291  
Total invested assets 417,210 400,142 $ 428,103  
FVTPL [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Cash and short-term securities 1      
Debt securities 2,372 2,209    
Public equities (FVTPL mandatory) 25,531 23,519    
Mortgages 1,055 1,138    
Private placements 654 516    
Total invested assets 62,038 56,996    
FVOCI [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Cash and short-term securities 13,993 12,859    
Debt securities 127,190 126,371    
Mortgages 28,473 28,621    
Private placements 44,952 41,494    
Total invested assets 293,555 280,946    
Other invested assets [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Cash and short-term securities 6,344 6,294    
Mortgages 22,893 22,006    
Loans to Bank clients 2,436 2,781    
Total invested assets 61,617 62,200    
Fair value [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Cash and short-term securities 20,338 19,153    
Public equities (FVTPL mandatory) 25,531 23,519    
Mortgages 52,310 51,372    
Private placements 45,606 42,010    
Loans to Bank clients 2,411 2,760    
Total invested assets 417,704 400,238    
Canadian government and agency [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Debt securities 20,988 21,266    
Canadian government and agency [Member] | FVTPL [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Debt securities 1,219 987    
Canadian government and agency [Member] | FVOCI [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Debt securities 19,769 20,279    
Canadian government and agency [Member] | Fair value [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Debt securities 20,988 21,266    
U.S. government and agency [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Debt securities 28,478 24,736    
U.S. government and agency [Member] | FVTPL [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Debt securities 1,303 1,378    
U.S. government and agency [Member] | FVOCI [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Debt securities 26,287 22,446    
U.S. government and agency [Member] | Other invested assets [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Debt securities 888 912    
U.S. government and agency [Member] | Fair value [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Debt securities 28,251 24,494    
Other government and agency [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Debt securities 30,666 26,473    
Other government and agency [Member] | FVTPL [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Debt securities 90 159    
Other government and agency [Member] | FVOCI [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Debt securities 30,576 26,314    
Other government and agency [Member] | Fair value [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Debt securities 30,666 26,473    
Corporate [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Debt securities 130,046 129,079    
Corporate [Member] | FVTPL [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Debt securities 2,372 2,209    
Corporate [Member] | FVOCI [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Debt securities 127,190 126,371    
Corporate [Member] | Other invested assets [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Debt securities 484 499    
Corporate [Member] | Fair value [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Debt securities 129,899 128,910    
Mortgage/asset-backed securities [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Debt securities 1,971 2,288    
Mortgage/asset-backed securities [Member] | FVTPL [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Debt securities 16 22    
Mortgage/asset-backed securities [Member] | FVOCI [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Debt securities 1,955 2,266    
Mortgage/asset-backed securities [Member] | Fair value [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Debt securities 1,971 2,288    
Real estate own use property [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Real estate 2,591 2,852    
Real estate own use property [Member] | Other invested assets [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Real estate 2,591 2,852    
Real estate own use property [Member] | Fair value [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Real estate 2,716 3,008    
Investment property [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Real estate 10,458 11,417    
Investment property [Member] | Other invested assets [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Real estate 10,458 11,417    
Investment property [Member] | Fair value [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Real estate 10,458 11,417    
Alternative long-duration assets [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Other invested assets 41,434 38,460    
Alternative long-duration assets [Member] | FVTPL [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Other invested assets 29,671 26,938    
Alternative long-duration assets [Member] | FVOCI [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Other invested assets 360 296    
Alternative long-duration assets [Member] | Other invested assets [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Other invested assets 11,403 11,226    
Alternative long-duration assets [Member] | Fair value [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Other invested assets 42,313 39,225    
Various other [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Other invested assets 4,246 4,343    
Various other [Member] | FVTPL [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Other invested assets 126 130    
Various other [Member] | Other invested assets [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Other invested assets 4,120 4,213    
Various other [Member] | Fair value [Member]        
Disclosure of fair value measurement of assets [Line Items]        
Other invested assets $ 4,246 $ 4,343